Chinese EV firms will 'demolish' rivals in absence of trade barriers, says Tesla's Musk

Chinese EV firms will 'demolish' rivals in absence of trade barriers, says Tesla's Musk

FILE PHOTO: Tesla CEO Elon Musk and his security detail depart the company’s local office in Washington, U.S. January 27, 2023. REUTERS/Jonathan Ernst/File Photo

Tesla CEO Elon Musk said on Wednesday Chinese automakers will “demolish” global rivals without trade barriers, underscoring the heat the U.S. electric vehicle market leader faces from the likes of BYD, who are racing to expand worldwide.